Tim Holden (pictured) has returned to take on the CEO role at Holden Group, replacing Martin Webb who has left the business.
The company said the decision followed a “strategic review focused on reducing costs and ensuring long-term sustainability” in a market seeing rising costs of doing business.
“As part of this transition, Martyn Webb departs the business after a successful tenure, during which he played a key role in driving operational improvements and transformational initiatives,” the company said in a statement.
Holden said: “It has been invaluable to have the opportunity to step back, reflect on the lessons from my previous tenure, and observe a different leadership approach. It feels fantastic to be back, and I am fully confident that we will continue to drive the business forward.”
“As with much in life, it’s all about timing. Unfortunately, we introduced various costs into the business just as the market began to shift.
Following our review, we are now in a better position to navigate the further challenges ahead – such as increased National Insurance contributions and Minimum Wage rises – and to benefit from the investments made over the past 18 months.”
Tim also expressed his gratitude to Martyn Webb for his contributions, acknowledging the lasting impact of his leadership:
“Martyn has made a significant contribution to Holden Group, including the redevelopment of our Kia and Volvo showrooms, establishing a group call centre facility, improving management information reporting infrastructure, upgrading IT systems, and integrating a new HR platform. With a new website set to launch soon, he leaves behind a strong operational foundation on which we will now build.”
“I’d like to personally thank Martyn for his support and the legacy of positive changes he has delivered. We wish him every success in his next chapter.”
